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1) Suppose a local government has a tax digest of $ 500 million and feels it must raise $ 15 million for the operation of the its school and general government. What would be the millage rate?
2) What characteristic of real estate leads to the need for public land- use controls?
3) Describe the elements usually contained in a comprehensive general plan.
4) How is zoning used to control land use and intensity of use?
5) What is incentive zoning? Performance zoning?
6) Mack owns 25 acres of land on the edge of town on a major road that is now zoned for residential use? He decides he would like to develop this land as an office park and shopping center. What steps would he have to take to secure approval of his project?
7) Mary owns a lot on which she wishes to build her dream house. To her consternation. She finds that if the house is placed on her rather narrow lot, it will fail to meet the side yard setback requirements by three feet. What can she do?
Budweiser (now owned by a Belgium based beer company called InBev), Miller and Coors who together produce 85% of all beer consumed in the US, each spend well over $250 million a year on television advertising campaigns, promoting their beer brands. O..
Explain and graphically illustrate the effects of the tax cut on aggregate output, consumption, employment and the real wage.
What type of demand and supply would a hope diamond have .What impact will price have of the supply and demand curve? Be able to draw the graph that illustrates your answers
List and describe the four types of unemployment. Using the expenditure approach, give an equation for GDP. Now explain it. If the CPI for 2006 was 170 and the CPI for 2007 is 204, what is the current inflation rate?
Increase in Government expenditure makes increase in real GDP via multiplier process. If the effective multiplier for fiscal policy is 2, how much change in government purchases would be required to close a 500 billion negative output gap, other thin..
Fred loves tomatoes. He makes soups, sauces, and stews with them; stuffs them; roasts them; and grills them. Fred has discovered a farmer’s market where the price of a bushel of tomatoes depends on how many bushels are purchased. What is Fred’s margi..
In the beginning health insurance was provided by some businesses as an employee benefit and it was not controlled by the government. In many other Western countries health care is not provided by employers but rather by the government and it is paid..
Proponents of zero inflation argue that even mild inflation (1 to 3 percent) reduces the economy's real output. Do you agree or disagree with this assessment? Why?
US government issues a bond with a face value of $5,000 and a nominal rate of 5% per year payable semiannually. The bond has a maturity date of 20 years. If you want to earn nominal 20% minimum rate return (MARR) per year compounded semiannually, how..
Three major causes of inequality of income. Describe what the primary factors are that lead to poverty. We have learned there are two solutions to reduce poverty. We could expand welfare and redistribution programs, and make taxes more progressive. C..
Creating an advertising campaign requires an understanding of the target market your campaign will try to reach. It is also important to consider how different media options can help your campaign meet its goals. Recommend an advertising medium (eith..
We can see that aid to Africa has increased significantly over the last 40 years and that incomes in Africa have stagnated. Explain why these two facts do not constitute proof that aid is not effective in increasing incomes in Africa.
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